Sun Chemical to Increase Prices in North America of Silicone-Based Products

Key highlights: 15% net sales growth, *Strong production in the quarter, *Record-high earnings for 2021' *Another strong cash flow delivery. Quarterly data: Net sales grew by 15% to SEK 6 688 million (5 803). Currency effects had a marginal impact on net sales, *Adjusted EBITDA* increased to SEK 1 075 million (568), corresponding to an adjusted EBITDA margin of 16% (10%), *Operating profit was SEK 418 million (163), including items impacting comparability of SEK -177 million (73),* Net profit was SEK 320 million (242)

International Paper (IP) intends to stop newsprint production at the Madrid mill in Spain in mid-September, according to Euwid. The sites PM62 will be converted to production of containerboard slated to start in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018. IP acquired the Madrid mill from Holmen in mid-2016 with the aim to make it a mill for recycled corrugated case material. PM 62 has the capacity to produce 330,000 tpy of newsprint.

To ensure a viable, profitable future for the Rumford Division, ND Paper will be transforming the mill to increase its product flexibility and shift further into packaging grades. Notable changes include: • Commissioning of an unbleached recycled pulp line to provide fiber flexibility to the R12 and R15 paper machines • Conversion of its R15 paper machine from P&W papers into lightweight, high strength kraft linerboard products • Expansion of R12 paper machine capability to include unbleached recycled bag and converting papers, in addition to its current offering of bleached and unbleached papers • Continued operation of the R9 pulp dryer, including expansion into unbleached softwood kraft market pulp • Permanent curtailment of mechanical pulping operations and R15 coating and supercalender assets